Complete the following table by calculating GDP, NDP, national income, personal income, disposable income, and net exports. Dollar Amount (Billion Dollars) $ Item GDP NDP National income Personal income Disposable income Net exports $ $ If purchases of new capital goods are $90 billion, then purchases of new residential housing are equal to s billion.
Complete the following table by calculating GDP, NDP, national income, personal income, disposable income, and net exports. Dollar Amount (Billion Dollars) $ Item GDP NDP National income Personal income Disposable income Net exports $ $ If purchases of new capital goods are $90 billion, then purchases of new residential housing are equal to s billion.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Complete the following table by calculating GDP, NDP, national income, personal income, disposable income, and net exports.
Item
GDP
NDP
National income
Personal income
Disposable income
Net exports
Dollar Amount
(Billion Dollars)
$
$
$
$
$
$
If purchases of new capital goods are $90 billion, then purchases of new residential housing are equal to s
billion.

Transcribed Image Text:Numbers and Graphs: Macroeconomic Measurements, Part II: GDP and Real GDP (Ch 07)
(Billion Dollars)
item
Durable goods
Nondurable goods
Services
Fixed investment
Inventory investment
Government purchases
Exports
Imports
Capital consumption allowance
Compensation of employees
Proprietors' income
Corporate profits
Rental income
Income earned from the rest of the world
Income earned by the rest of the world
Indirect business taxes
Statistical liscrepancy
Undistributed corporate profits
Social insurance taxes
Corporate profits taxes
Transfer payments
Personal taxes
Net interest
220
400
700
130
20
500
110
150
20
700
480
200
200
40
200
80
30
20
80
30
50
80
20
M
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